I have always looked upon my experiences here in Ecuador as nothing short of an adventure.....a "re-conquest". You will find that this Blog not only offers information on how to live, invest or simply visit Ecuador (rated the number one retirement heaven by International Living magazine for 2011) but also informative information and articles on how to survive in this fast changing and volatile World we live in. Your comments are welcome!
colonialquito@yahoo.com

El Conquistqdor Francisco de Orellana

The Conquistador who put the Amazaon baisn "on the map"....Francisco Orellana

Friday, May 20, 2011

Cuba on the rise by Gary Scott.......

The article said: “60 million baby boomers will begin to retire in just a few years. Many of their pensions and social security will be severely squeezed by inflation, leaving these people with one of five options.

#1: Keep working

#2: Move to less expensive areas within the US

#3: Export their retirement

#4: Live in near poverty

#5: Die

This is why I also believe in Ecuador. Imagine this. 60 million boomers will retire over the next 20 years. We boomers are the most spoiled group of consumers as a demographic class that has ever existed on earth. We were promised the world. We were given the world. Now the magic is about to disappear.

Assume that 10% of these will decide to move to less expensive countries. That’s 6 million people. Where is the most likely place to go? Eastern Europe offers great potential but are long distances from the US .

Canada is out…too expensive and too cold. Most people will head south.

Mexico stands to be #1, but prices there are rising quickly and there is a lot of anti-gringo sentiment. After all there have been numerous Mexican-American wars. The building of a fence across the border will not help either. Yet it’s still probably the place that will benefit the most due to location.

Cuba . By then will be ripe and good as well. A great place to be when you can assume no negative political circumstances. The low end Caribbean is also good except for those darn hurricanes that will put lots of people off…plus many water and transportation problems and the fact that few of the islands have a real infrastructure.

Security concerns have diminished American and Canadian interest in Mexico. We have seen many readers shift from Mexico to Ecuador. So we have continued asking…”What’s next?”

Before I make this upcoming prediction… let me add that Merri and I are usually looking seven to ten years in advance. We have been in Ecuador for 15 years, but the boom did not start until 2008.

We are pioneers usually in before the boom and out before the boom peaks.

With this in mind we have been keeping our eye on Cuba.

Cuba has low cost, low cost…. incredible access to the USA and offers some interesting services such as medical care.

Recent changes in Cuba have led us to start our research. An April 16 2011 BBC article entitled “Cuba President Raul Castro seeks 10-year term limits” reinforces this decision.

The article says: Raul Castro realises Cuba’s communists “made real mistakes out of idealism”, the Cuban President Raul Castro has said top political positions should be limited to two five-year terms, and promised “systematic rejuvenation” of the government.

President Castro was speaking at the start of the first congress of Cuba’s ruling Communist Party in 14 years.

He said the party leadership was in need of renewal and should subject itself to severe self-criticism.

The proposal is unprecedented under Cuban communism.

Mr Castro, 79, made clear the limits would apply to himself.

He took over from his brother Fidel in 2008 and between them they have ruled Cuba for 52 years.

He acknowledged that “the confidence of the majority of Cubans had been tested, with regard to the party and the revolution”.

In his speech, Raul Castro said the limit of two consecutive five-year terms would apply to “the current president of the Council of State and his ministers” – a reference to himself.

There is no talk of political change inasmuch as Cuba’s rulers are going to allow other parties or hold more open elections.

However, I think they have seen what has been happening around the Arab world and are thinking it is best to be pro-active.

Very clearly, allowing presidents to stand for just two terms is a way they see of helping people get used to the idea that change is on the way.

Much of what he said concerned his plans to reduce the role of the state in the economy and encourage private enterprise.

It would take at least five years to update Cuba’s economic model, Mr Castro said.Free education and healthcare would still be guaranteed, but mass subsidies of basic goods would be removed and social spending would be “rationalised”.

Mr Castro said 200,000 people had already registered as self-employed since changes were announced last October, doubling the number of Cubans working for themselves.

But he insisted the socialist character of Cuba would be “irreversible” and accumulation of property would not be allowed.

The general American public (US citizens wherever they live and non US citizens who are resident in the USA) cannot yet visit Cuba.

Journalists, government officials, those with relatives in Cuba, full-time professionals (including doctors, dental hygienists, environmentalists and actors) going to conferences or doing research, have been able to go to Cuba, under a General License.

Other activities that have been approved with a specific license include:

We are working with a Canadian Chiropractor who is researching longevity and is visiting Cuba to check out opportunities and how medical tourism in Cuba may evolve.

These are early days… but so was 1996 in Ecuador.

Everything in the universe vibrates to a natural rhythm. All reality runs in peaks and valleys, rises and falls. Great nations, strong concepts and beautiful ideals expand and wane.

Often nature’s waves are hindered by mankind… levees, laws and blockades contrary to the forces of nature. Such blocks eventually create ruses… even floods of opportunity. We are fortunate that technology allows us to see and be mobile to follow such currents.

Ecuador enjoys a rising tide now. If Cuba comes next, we’ll be prepared and hope we can help you be ready too.

Organo Gold...more than just awesome Coffee and Chocolate....

CLICK ON PHOTO FOR AN OPPORTUNITY TO IMPROVE YOUR HEALTH AND MAKE MONEY.....TO ORDER PLEASE USE ID no.10001317777

Owning a farm in Ecuador

For business, weekend retreat, or survival in times of crisis........click on the photo to learn how.

Cafe Dios no muere

Click on this photo for details on this great expat hangout with local history and charm in the middle of Spanish Colonial Quito. Location: Corner of Flores and Junin in the rear of Monasterio Santa Catalina in San Marcos

Gabriel Garcia Moreno

Click on this photo for the location of Cafe Dios no muere

Vacation Rental - Casa de Carondelet

Click on the photo for this 4 bedroom and 3 bath private residence from $50 to $300 per night. Located in the historic "Bohemian" neighborhood of San Marcos.

Plaza San Marcos with its 17th Century Church

Click on the photo for a map of the neighborhood of San Marcos and the vacation rental Casa de Carondelet

Francisco Luis Hector, barón de Carondelet

Click on Photo to see how we renovated this incredible home in Colonial Quito in honor of the Baron de Carondelet

Due to the fact that my roots are from South Louisiana...we could not help but honor this beautifull home in the name of Baron de Carondelet who was not only a Govenor of Louisiana during the Spanish Colonial period but also the last Governor of the Real Audencia in Quito, Ecaudor.

Carondelet.....Quito and New Orleans

Francisco Luis Hector, barón de Carondelet (born in 1748 of Flemish descent in Noyelles-sur-Mer, Flanders) was named governor of El Salvador in 1789, and was a Knight of Malta. After his term had ended, Spanish authorities named Carondelet governor of the Spanish Colonies of Louisiana and West Florida from 1791 to 1797. He then served as the last Noble Governor of the Spanish Colony Real Audencia in Quito from 1797 to his death in 1807.

Knights of Malta

click on photo for the complete history on the connection between New Orleans and Quito by Baron de Carondelet

On Carondelet in New Orleans, Louisiana

Click on photo for the map of the Spanish Colony in 1797 Governed by Baron de Carondelet

About Me

I have lived in Ecuador since 2001 and have been offering our services to foriegners wanting to not only visit Ecuador...but purchase property for a new life. My Ecuadorian wife and I are busy with three wonderfull children but are also busy with our coffee shop, farm, and statue export business. Furthermore, we have been offering Traditional Roman Catholic Pilgrimages to Ecuador for the past 7 years. There are many historical and artistic aspects of Ecuador that are impressive. But for me...it is the humility of the Ecuadorian people, which is most alluring. We invite you to come to Ecuador and experience the old world culture, faith, and beauty of this very special land !

Ex-pat relocation services

We will share with you our 10 years of experience living in Ecuador as well as introduction to lawyers, off shore bankers (Panama accounts with reps in Ecuador...sorry no US Residents), Ecuadorian bankers with US and European relations, architects, tax accontants, other expat investors in Ecuador, and real estate tours.